We have a thorough application form that we require tenants to complete and sign swearing that the information they are providing is true.
We require all tenants to provide photo identification whether in the form of a driver license or a copy of their passport.
Full Equifax Report
Equifax reports are vital in understanding a tenant’s financial situation. Through the credit report we can ascertain debt and financial obligations of the tenant.
Furthermore, tenants who provide full credit reports show that they are not trying to hide anything and willing to disclose their personal information without question. We have a zero-tolerance policy when it comes to credit. Our tenants all have great credit.
Employment Letter Verification
We require that applicants provide an employment letter not older than 30 days on company letterhead clearly showing the date and the signature of the person who wrote it. We always contact the employer via phone or email to confirm all of the details provided in the letter.
Current Landlord Verification
We speak with the tenants current landlord. We ask them questions regarding timeliness of rental payments, whether damage was caused to the property and how the tenant was overall. We also want to know if they provided sufficient notice. We also verify the rental amount paid.
Previous Landlord Verification
In some cases, current landlords are quick to provide good references for bad tenants so we always go back to their previous landlord as well. We question the previous landlord to see whether they had any problems with the tenant. In most cases, we do not find any red flags in the tenants that we screen. Other times, we are able to catch a potentially bad tenant and reject the application
Home Owner Verification
If a prospective tenant owns a property that they will be renting out and looking to rent a property themselves, they will not have a landlord reference. As such, we ask these tenants for evidence of home ownership such as a recent mortgage statement or current property tax bill showing the prospective tenants name.